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/biz/ - Business & Finance

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21928728

Anonymous Thu Aug 27 12:23:13 2020 No.21928728 [Reply] [Original]

The exchange listing were a milestone that the Reserve team had been working toward since the beginning of this project. My old college roommate interned with Reserve this summer, apparently the Binance listing was their top goal for 2020 and they believed that the project would fail without a listing, “Binance or Bust” is what they’d say. Nevin even had a shirt printed with the slogan on it. My buddy‘s internship just ended but he's still in touch with his supervisor and congratulated him today. It wasn’t taken well. Apparently the entire staff was sent home after 20 minutes of work yesterday, Nevin is pissed and locked himself in his office after shouting at everyone. Apparently the expectation was 5 cents after the Binance's RSRUSDT listing went live but it couldn’t even crack its ATH and it's actually down now. The team has blown through most of their funds and was counting on a price surge to refuel for the next phase of development. If the price doesn’t concern you, the culture of that office and Nevin’s erratic behavior should. I’m happy to say I sold at the top with this one.

>>	Anonymous Thu Aug 27 12:29:26 2020 No.21928901 >>21928728 It hasn't even been 24 hours. Seems like some poor did you've got there.

>>	Anonymous Thu Aug 27 12:30:51 2020 No.21928937 File: 17 KB, 348x348, 106110187_269790210750245_6797048818515932727_n.jpg [View same] [iqdb] [saucenao] [google] >>21928728

>>	Anonymous Thu Aug 27 12:32:22 2020 No.21928964 >>21928728 Shut the fuck up you fucking scamming sellout. '' durr we thought we might fail our project that is backed and funded by one of the world's most influencial A.I. tech CEOs''

>>	Anonymous Thu Aug 27 12:32:45 2020 No.21928972 >>21928728 peepeepoopoo

>>	Anonymous Thu Aug 27 12:33:46 2020 No.21929000 File: 269 KB, 641x521, qwdqwd.png [View same] [iqdb] [saucenao] [google] >>21928728 >>21928964

>>	Anonymous Thu Aug 27 12:34:19 2020 No.21929011 File: 1.75 MB, 306x205, 1597862438299.gif [View same] [iqdb] [saucenao] [google] >>21928728 >and then Peter Thiel personally called me and told me he sold all his bags Not. Fucking. Selling.

>>

Anonymous Thu Aug 27 12:34:31 2020 No.21929017

>>21928728
>they don’t have interns and never have (culturally no startup would until C series at least)
>they explicitly have multiple years of runway
>they will at not point use RSR sales as funding, this is incoherent
>binance chose to list with no involvement of the team
I could go on

>>	Anonymous Thu Aug 27 12:35:57 2020 No.21929053 >>21928728 Thanks anon, just sold my bags at 1.5 cents each. Darn it, I bought in at 2.8. I'm down 10k.

>>

Anonymous Thu Aug 27 12:36:30 2020 No.21929067

>>21929017
>they don’t have interns and never have
They were basically asking their engineers to work for free a few months ago.
>binance chose to list with no involvement of the team
They literally announced on Medium that they negotiated the listing with Binance, this was all calculated. If you bought at sub 1c then get out now while you still have a 10x profit.

>>	Anonymous Thu Aug 27 12:37:05 2020 No.21929087 >>21929017 >(culturally no startup would until C series at least) "no"

>>

Anonymous Thu Aug 27 12:39:32 2020 No.21929162

>>21929067
>first thing
They used dead average text for tech startup hiring. If you were anywhere near the industry you would know it’s the equivalent of having stock non discrimination text in a job listing.
>second thing
Binance initiated and declined liquidity from the slow wallet == effectively no involvement.

>>	Anonymous Thu Aug 27 12:40:53 2020 No.21929203 >>21929087 Interns are a dead weight, long term investment. Any company taking them on before rock solid product-market fit is fucked/doomed/retarded.

>>	Anonymous Thu Aug 27 12:42:02 2020 No.21929226 >>21929203 >Any company taking them on before rock solid product-market fit is fucked/doomed/retarded. Yes, we are talking about tech startups.

>>	Anonymous Thu Aug 27 12:44:40 2020 No.21929288 >>21929226 Some guy with bipolar disorder going into credit card debt for a grandiose delusion startup != actual VC-backed startup

>>	Anonymous Thu Aug 27 12:48:17 2020 No.21929384 >people here don't know this is copypasta

>>	Anonymous Thu Aug 27 12:49:24 2020 No.21929419 >>21929067 The Binance listing was done by Binance themselves, the team were shaken back by the news. Read their telegram at least, nevin himself said it was unexpected.

>>	Anonymous Thu Aug 27 12:50:32 2020 No.21929448 Lol this pasta again.

>>	Anonymous Thu Aug 27 12:52:01 2020 No.21929495 >>21929067 The Binance listing was done by Binance themselves, the team were shaken back by the news. Read their telegram at least, nevin himself said it was unexpected. >>21929017 It’s an old pasta, chill out.

>>	Anonymous Thu Aug 27 12:58:41 2020 No.21929719 this is all real, im the intern OP mentioned AMA

>>	Anonymous Thu Aug 27 13:00:48 2020 No.21929782 >>21929495 >old pasta How is it old when the binance listing was like yesterday?

>>

Anonymous Thu Aug 27 13:01:17 2020 No.21929799

>>21928964
I doubt Peter Thiel himself has any idea about Reserve, it's just some investment from a foundation ran in his name, probably for tax purposes. Same thing as all these "partnerships" projects claim to have with Google, Microsoft, various big banks etc. Doesn't mean shit really. The project website is amateur, coin is going nowhere fast. I'm still holding but will probably get rid of it soon.

>>	Anonymous Thu Aug 27 13:02:00 2020 No.21929830 >>21929782 Replace rsr with any token. Replace 2020 with any year. Replace Nevin with any developer name.

>>

Anonymous Thu Aug 27 13:03:19 2020 No.21929876

>>21929799
>I doubt Peter Thiel himself has any idea about Reserve, it's just some investment from a foundation ran in his name, probably for tax purposes.
He speaks in the video posted on their website. I haven't invested yet but I don't understand why all the fud. What's the motive? I understand the shilling. The motive is profit

>>	Anonymous Thu Aug 27 13:04:54 2020 No.21929937 >>21929876 Not attempting to fud, just giving my opinion. Would rather see this shit moon since I'm holding. Don't see long term potential though

>>	Anonymous Thu Aug 27 13:06:29 2020 No.21929983 >>21928728 Kek !

>>	Anonymous Thu Aug 27 13:10:18 2020 No.21930132 >>21928728 You piece of shit autistic retard, you already have done the same posts over and over, did your father leave you without any attention or creativity whatsoever?

>>	Anonymous Thu Aug 27 13:10:24 2020 No.21930135 >>21929830 TIL I am autistic yet again. >>21929799 Thiel has invested in something Nevin started before (MetaMed). That he’s willing to invest with him again after a failed company is a really positive signal.

>>	Anonymous Thu Aug 27 13:10:50 2020 No.21930153 >>21929937 >Not attempting to fud, just giving my opinion I respect that. I have no clue what will happen within the next days/weeks/months. I'll probably invest once things settle a bit since they just got listed on Binance.

>>	Anonymous Thu Aug 27 13:13:17 2020 No.21930249 File: 71 KB, 267x403, 12379817499184].png [View same] [iqdb] [saucenao] [google] I support the fud if I can get more at lower prices, thanks OP.

>>	Anonymous Thu Aug 27 13:37:06 2020 No.21931011 this fud gives me an erection. OP, you are one creative little neety autist